July 11, 2008
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RELATED TICKERS: AUY
This is what is keeping the central bank and others up at night. They hear the crash coming.
That is to funny. Actually it is more like a repete from Washington.This old tape remindes me of what we are hearing now. But we won't go to war because they just want more oil drilling and tax breaks for alt. energy. The Fed can't raise the prime lending rate to stregthen the dollar because all of the Banks will fail. So we have to pay through the nose for oil and food and everything else. Buy gold because the banks are insolvent as (cramer says) because this time he is right. The FDIC only has 50 bill. in reserve and the Fed only has 23 bill. Your money is not safe and buy gold because it is going to at least 1600.00 by the end of the year and oil will be about 200.00. God Protect us. This is just the tip of the ice burg and getting worse by the day. My homor.